Property Taxes

Langenburg has one of the lowest municipal property tax gaps in Central East Saskatchewan since 2010 (CFIB report). It means, that on average, commercial property owners pay 0.8 times (2021) the municipal property taxes of residential property owners. 
 
The commercial and residential property tax bills are calculated as follows (2021 rates*):
 
Property Tax Bill = Assessed Property Value x Provincial Percentage of Value x (Uniform Municipal Mill Rate/1000) x Mill Rate Factor + Base Tax

Property Type Assessed Property Value SK percentage of the value (80%)* Uniform Municipal Mill Rate* / 1000 Mill Rate Factor* Base Tax* Tax Bill
Residential 200,000  160,000  6.6 / 1000  1  1000**  2,056
Commercial 200,000  160,000  6.6 / 1000  0.6  1000**  1,634
* - 2021 approved rates
** - Base Tax on improved properties - $1000, Base Tax on unimproved properties - $600, Base Tax on Agricultural properties - $450.
This calculation includes Municipal tax only. School tax will be levied over and above at the provincial mill rate.
 
Municipal Property Tax Gap = Commercial Property Tax Bill / Residential Property Tax Bill = 1,634 / 2,056 = 0.80
 
More information:
Town Office
P: 306-743-2432
E: office@langenburg.ca